Gold Standard Intersects 97.0m of 1.61g Au/t

 

VANCOUVER, BC - Gold Standard Ventures Corp. announced assay results from DS15-13, a Phase 2 core hole drilled to twin reverse-circulation (RC) hole DS15-11 at the recently discovered North Dark Star oxide gold deposit on its 100%-owned/controlled Railroad-Pinion Project in Nevada's Carlin Trend. DS15-13 returned multiple, significant, oxidized intercepts containing gold values above the cut-off grade of 0.14 g Au/t established by APEX Geoscience Ltd. of Edmonton, Canada in its Dark Star NI43-101 resource estimate announced on March 3, 2015 including 15.4 meters of 1.85 grams gold per tonne (g Au/t) and 97.0 meters of 1.61 g Au/t.

DS15-13 successfully confirmed RC hole DS15-11, which intersected 157.0m of 1.51 g Au/t. The DS15-10, 15-11 and 15-13 drill intercepts represent the discovery and confirmation of a new gold zone that has grade/thickness profiles that are an order of magnitude greater than the gold zones in the existing Dark Star resource located 515 meters to the south.

Jonathan Awde, CEO and Director of Gold Standard commented: "We are in the early days of a significant discovery that represents a very strong gold system with extensive additional targets identified through surface mapping, sampling and geophysics yet to be drilled. The North Dark Star Discovery will make a major contribution to our resource expansion objectives in 2016."

Mac Jackson, Gold Standard's Vice President of Exploration stated: "The North Dark Star discovery demonstrates the ability of Gold Standard Ventures to quickly add value through exploration. In a little over a year, we have consolidated land within the Dark Star corridor, created a new geologic model based on re-logging, released a maiden resource estimate, defined targets and completed two phases of drilling resulting in a new discovery. The core from DS15-13 contains spectacular breccia textures and gaudy iron oxides, indicating that we are into a very strong oxidized gold system. In 2016, we will follow up by expanding the oxide gold zone intersected in the initial discovery holes at North Dark Star."